Infrastructure
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USAID Administrator Samantha Power promotes Lobito corridor investment in Angola
11 September 2024 -Samantha Power, the Administrator of the U.S. Agency for International Development (USAID), recently visited Angola, where she met with the country's President and toured the port of Lobito and the Benguela railway.
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US set to extend African railway project through Tanzania
11 September 2024- The U.S. government says it is set to expand the Lobito Corridor - a railway project that runs from Angola to Zambia through the Democratic Republic of the Congo - all the way to the Indian Ocean through Tanzania. The railway would connect African countries to global markets and enhance regional trade and economic growth, supporters say.
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“Doing Business Angola 2024” Highlights Economic Opportunities and Strategic Partnerships
5 July 2024- The “Doing Business Angola 2024” event, held this Tuesday in Lisbon, brought together key stakeholders to discuss Angola’s evolving business landscape. Organized by Forbes Africa Lusophone and Jornal Económico, the second edition of DBA emphasized Angola’s potential as a gateway to the Southern African Development Community (SADC) region and addressed critical infrastructure, economic, and tourism challenges.
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Angola Offers First-Ever Marginal Field Opportunities Ahead of 2025 Limited Tender
5 July 2024 -Angola is offering five marginal fields for exploration in addition to 24 other block opportunities. Representing a first for the country, the marginal fields are situated in operated blocks and hold proven reserves with commercial potential.
Marginal field opportunities include Block 4, which includes the Kiame, 4_24 and Kiabo prospects as well as open areas and Block 14, which includes the Malange, Lucapa and Gabela prospects.
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Angola Emerges as Key Digital Corridor for Africa, Attracting Major Western Investments
5 July 2024 -Angola is fast becoming the digital corridor to Africa as more American and European companies look to spread their investments using subsea cables, data centres and local terrestrial networks to further expand their digital footprint using inland routes to reach East Africa, southern Africa, the Middle East and Asian markets.
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Partnership for Global Infrastructure and Investment (PGI) Celebrates Signing of Finance Agreements for Republic of Angola Projects
5 July 2024- Today, on the margins of the Corporate Council on Africa’s U.S.-Africa Business Summit, the United States and the Republic of Angola celebrated the signing of final agreements to finance three major infrastructure projects in the Partnership for Global Infrastructure and Investment (PGI)’s flagship Lobito Corridor.